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BillLAPSED

Bill 060052-A

Amending Section 19-201 of The Philadelphia Code, entitled "City Depositories," by revoking the depository status of Wachovia Bank, and revising the list of City depositories, under certain terms and conditions.

Introduced Feb 2, 2006Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember GoodeCouncilmember GoodeCouncilmember Goode

Status timeline

  1. Feb 2, 2006Introduced · CITY COUNCIL
  2. Feb 2, 2006Referred · CITY COUNCIL
  3. Jan 31, 2007HEARING NOTICES SENT · Committee on Finance
  4. Jan 31, 2007RECESSED · Committee on Finance
  5. Jan 31, 2007HEARING HELD · Committee on Finance
  6. Feb 20, 2007HEARING NOTICES SENT · Committee on Finance
  7. Feb 20, 2007RECESSED · Committee on Finance
  8. Feb 20, 2007AMENDED · Committee on Finance
  9. Feb 20, 2007HEARING HELD · Committee on Finance
  10. Mar 19, 2007HEARING NOTICES SENT · Committee on Finance
  11. Mar 19, 2007NO RECOMMENDATION, RULE SUSPENSION · Committee on Finance
  12. Mar 19, 2007HEARING HELD · Committee on Finance
  13. Mar 22, 2007ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  14. Mar 22, 2007SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  15. Mar 22, 2007ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  16. Mar 29, 2007READ · CITY COUNCIL
  17. Mar 29, 2007AMENDED · CITY COUNCIL
  18. Mar 29, 2007ORDERED PLACED ON FINAL PASSAGE CALENDAR FOR NEXT MEETING. · CITY COUNCIL

Official documents

Documents open on the City of Philadelphia’s legislative site.

Full text

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..Title Amending Section 19-201 of The Philadelphia Code, entitled "City Depositories," by revoking the depository status of Wachovia Bank, and revising the list of City depositories, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Subsection 1 of Section 19-201of The Philadelphia Code is hereby repealed in its entirety, and a new subsection is added that reads as follows: § 19-201. City Depositories. * * * (1) Pursuant to the provisions of Section 6-300 of the Charter, the City Treasurer is authorized to deposit City funds in the following banks or institutions: (a) PNC Bank, N.A.; (b) Citizens Bank; (c) Commerce Bank/Pennsylvania, N.A.; (d) United Bank of Philadelphia; (e) Mellon Bank; (f) Bank of America; (g) Advance Bank; (h) Republic First Bank (i) Sovereign Bank (j) Citibank, N.A. * * * _____________________________________ Explanation: Italics indicate new matter added. ..End 1 2